Tesco Business Credit Card
The credit card with fuel rewards - you could save 2p per litre off Tesco Petrol & Diesel
Designed specifically for sole traders, the Tesco Business Credit Card is the ideal way to keep your business expenses separate from your personal spending.
Key benefits of a Tesco Business Credit Card
With one account, one balance and fantastic rewards, it can give you more control, convenience and flexibility with your business spending.
- You could save 2p per litre on Tesco Petrol and Diesel with the Tesco Fuel Reward
- Cash flow flexibility - Up to 56 days interest free credit
- Optional additional cards for employees under the one company account
- Manage your account online with Tesco Credit Card Online
- Download online account information directly into Excel or other money management software
PLUS
- Protection from credit card fraud with FraudSafe
- Tesco Payment Protection Insurance
Hopefully you will never be unable to work due to an accident, illness or involuntary unemployment. If there was, and you were unable to work for more than 14 consecutive days, we could pay 10% of your outstanding balance for a maximum of 12 months. It costs just 79p (including Insurance Premium Tax) for every £100, or part thereof, of your outstanding balance. If you have no outstanding balance, you don’t pay a penny.
- Commercial Card Protection
Take the worry and inconvenience out of losing your cards with Commercial Card Protection, which includes 24-hour worldwide assistance. You can protect your cards from loss or theft and you’ll also be covered against fraudulent use. Protection costs just £15 per year per card.
Please note: The Tesco Business Credit Card was created exclusively for Sole Traders. If you are part of a Partnership or Limited Company, you cannot apply. We hope to develop business credit cards for Partnerships and Limited Companies in the future.
Cut the cost of your fuel with the Tesco Business Credit Card
With a Tesco Business Credit Card you could save the equivalent of 2p on every litre of petrol or diesel at Tesco petrol filling stations. And it's easy to do. You don't have to collect coupons or redeem points. Just use your card and we do the rest, automatically. You'll see your savings coming off your monthly statement balance.
- How does it work?
Every time you use your Tesco Business Credit Card you'll collect 1 Reward Point for every £2 you spend, where-ever you use your card. Every 100 points you collect can cut £1 off your fuel bill. If you use your card for most or all of your business spend just think how fast the points could add up!
Each month, your Reward Points are converted into a Fuel Reward. When you buy petrol or diesel at a Tesco Petrol Station, we'll automatically convert your points into savings which will appear on your next monthly statement.
If you or your employees don't use the card at a Tesco Petrol Station in a particular month, we'll roll forward your points until you need to use them.
1 Reward Point is worth 1 pence. Minimum reward cash value is £1. You may forfeit your Reward Points if you close your account. Missing monthly credit card payments may also put your Reward at risk. Reward Points are not Clubcard Points. Your Business credit card is not your Clubcard.
Manage your card with Tesco Business Credit Card Online
With Tesco Business Credit Card Online you can access your account any time you want. So you can have all the information you want, when you need it, and you don't have to wait for a statement in the post.
Online access could help save you (or your accountant) time and make it easier to sort out your monthly business expenses:
- Access 24 hours a day, 365 days a year
- Download all your information directly into an Excel spreadsheet or other money management software packages.
- See at a glance what you and your employees are spending.
- The service is free, all you need is internet access and to register online.
